by Dan Mitchell | Jun 5, 2015 | Blogs, Economics, States, Taxation
If you’re a libertarian or a small-government conservative, it’s quite likely you believe both these statements. Instead of picking winners and losers with special preferences and penalties, the tax code should be simple and fair, treating all economic activity...
by Dan Mitchell | Jun 1, 2015 | Blogs, Economics, States, Taxation
Every so often, I get asked why I’m so rigidly opposed to tax hikes in general and so vociferously against the imposition of new taxes in particular. In part, my hostility is an ideological reflex. When pressed, though, I’ll confess that there are situations – in...
by Dan Mitchell | May 29, 2015 | Blogs, Economics, Taxation
When I debate class warfare issues, here’s something that happens with depressing regularity. I’ll cite research from a group like the Tax Foundation on how an overwhelming share of the income tax is borne by upper-income taxpayers. The statist I’m arguing with will...
by Dan Mitchell | May 28, 2015 | Big Government, Blogs, Economics, Government Spending
Back in March, I shared a remarkable study from the International Monetary Fund which explained that spending caps are the only truly effective way to achieve good fiscal policy. And earlier this month, I discussed another good IMF study that showed how deficit and...
by Dan Mitchell | May 21, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The American Enterprise Institute has published a comprehensive budgetary plan entitled, “Tax and spending reform for fiscal stability and economic growth.” Authored by Joseph Antos, Andrew G. Biggs, Alex Brill, and Alan D. Viard, all of whom I know and admire, this...